SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : coastal caribbean (cco@) -- Ignore unavailable to you. Want to Upgrade?


To: andy harrison who wrote (2615)4/24/2001 2:30:50 PM
From: Edwin S. Fujinaka  Read Replies (1) | Respond to of 4686
 
I did email Chris Matthews the Panama City NewsHerald story by Matt Moore where he interviewed the oil geologist. I think that the quote was, "Oh my God" when the geologist was trying to describe the amount of oil contained in the Coastal Petroleum leases <G>. I'm hoping that Matthews may follow up the story on the Eastern Gulf oil lease sale by calling Azad. Anyway here's what I emailed to Matthews:

Chris,...On Thursday I heard you comment about the Bush Brothers arguing about a three month supply of oil that might be gained through developing the oil offshore under Federal leases. You might like to know that Florida has within their State offshore leases a potential oil source comparable to Alaska (many years worth of supply). These quotes from an oil geologist might be of interest. They were published in the February 12, 1999 edition of the Panama City NewsHerald:

newsherald.com

"Friday, February 12, 1999

Geologist: Oil reserves gigantic
off Gulf and Franklin counties
MATT MOORE
Business Editor
News Herald Graphics

A petroleum geologist said Thursday that undersea oil deposits off the coast of Gulf and Franklin counties and extending to Naples may well be the largest untapped reserves discovery in U.S. history.

"I looked at the seismic data and said, 'Oh my god!"' said Jamil Azad of Calgary, Alberta-based Azad Exploration Limited...